Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Chicago, St. Louis markets down sharply

By Bill Beck - April 8, 2019

Prices in the Chicago and St. Louis regions were off $20 to $30 for April, giving back the $20 bill they increased in March. Spring like weather that encourages the flow of ferrous scrap, coupled with difficulties shipping material by barge to consumers beset by flooding in the Lower Mississippi River Valley left much of Illinois, Indiana and Missouri awash in scrap.
 

Detroit down $20, Ontario down slightly less

By Bill Beck - April 8, 2019

What the market giveth, the market just as quickly taketh away. Last month, Michigan markets were up $20 across the board. This month, they were right back down the same $20 across the board.
 

Oversupply pushes scrap prices lower in April

By Sean Barry - April 8, 2019

Ferrous scrap prices fell in April as an oversupply of material outweighed the impact of lingering delays on the river network, with prices crumbling anywhere between $20 to $30 per gross ton from last month.
 

US pig iron market supported by supply crimp and solid demand

By Sean Barry - April 8, 2019

The price of pig iron in the United States has remained firm over the past month on robust demand and snug stock levels in Brazil and the Commonwealth of Independent States (CIS), while deliveries out of the port in New Orleans continue to face delays.
 

Detroit, Hamilton up across the board

By Bill Beck - March 11, 2019

Continued strong mill demand and winter weather that lingers along the Great Lakes and impacts ferrous scrap flow combined to put upward pressure on prices for March. Detroit was up $20 across the board, with the exception of turnings and borings, which increased $10. Hamilton was up $30 CDN for all grades. 
 

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